Market Power

“It is a no-brainer that business people don’t really like competitive market capitalism, despite all their exhortations about the value of markets. Just read any of The Wealth of Nations to find Adam Smith with the same view. Business people much prefer rigged markets, as long as they are on the inside. So it is no surprise that new research finds that converting health care insurance from non-profit to for-profit leads to a rise in premiums (not the fall that would be anticipated because of greater market efficiencies).”

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We All Want Increased Choice in Elder Care – But Neoliberal Health Policies Make This Difficult

“While governments pay lip service to the notion of choice, their disinvestment in public home care services means that older people and their families often have no choice but to ‘choose’ for-profit home care providers, as these are becoming the norm for elder home care. […] Home care is a high involvement purchase, which requires considerable time and emotional investment. But people in need of care might not have all the necessary information, skills or time required to navigate intricate care markets.”

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Why We Need a Market for Human Organs

“Most people take for granted that organs shouldn’t be on sale, and anything that resembles a market for organs is a moral aberration. But is this ethical view actually justified? […] Most commodification criticisms aren’t robust enough to override the potential benefits of a market for organs, which are tremendous. Furthermore, other more sensible objections can be dealt with by implementing the right regulations and incentives.”

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Harmless Kidney Markets

“I present an alternative model for a kidney market that I believe avoids the most serious objections to kidney markets. In contrast to previous arguments that suggest that the benefits of regulated kidney markets would outweigh the harms, I will propose a model that is harmless […] this suggests that we can reap the benefits of a kidney market without the ethical costs that have raised concerns.”

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How Neoliberalism is Damaging Your Mental Health

“There is a widespread perception that mental ill health is on the rise in the West, in tandem with a prolonged decline in collective well-being. […] In particular, there is growing concern that the conditions and effects of neoliberalism – the enervating whirl of relentless privatisation, spiralling inequality, withdrawal of basic state support and benefits, ever-increasing and pointless work demands, fake news, unemployment and precarious work – is partly to blame.”

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Trustworthiness of Doctors and Bankers Judged Quite Differently

“A much greater risk, it seems to me, is that all kinds of much needed discussions about the structure of our economy, which have gained traction in recent years, will come to a halt again. In which sectors can the free market work well, and in which not? In the financial sector? In the health care sector? In the food sector? And under what conditions?”

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